Law Society consults on first Conveyancing Protocol update since 2019
The Law Society of England and Wales has opened consultation on updating its Conveyancing Protocol, the CQS good-practice framework for residential conveyancing, for the first time since 2019. Proposed changes cover digital identity and document exchange, leasehold and commonhold issues, fraud and cyber security, source-of-funds checks and clearer limits on buyer advice.
Key points
- It is the first proposed Conveyancing Protocol update since 2019.Law Gazette
- Draft changes cover digital identity checks, document exchange and cyber security.Law Gazette
- Leasehold issues and new commonhold provisions are part of the update.Law Gazette
- Buyers' conveyancers would state matters they will not advise on.Law Gazette
- The consultation closes January 14.Law Gazette